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Trump reportedly overruled advisors in decision to slap tariffs on remaining Chinese imports
CNBC ^ | Published 10 Hours Ago Updated 6 Hours Ago | Spencer Kimball | @spencekimball

Posted on 08/04/2019 11:56:46 PM PDT by cba123

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To: cba123

Advisers = Krotch Bros. bought off Free Traitors™.


41 posted on 08/06/2019 1:10:40 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: BeauBo; bert
Looks like protectionists are winning.

He said that his job was to make it possible for blue collar workers to support their family, educate their children and achieve the American Dream again.

42 posted on 08/06/2019 1:12:19 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: jospehm20

Heck why not 10 years or TWENTY years! yeah! that’ll show them.

“We are going to do NOTHING for 20 years, unless you give in to our demands!”

“And we mean it!”

That’s worked so well up til now!


43 posted on 08/06/2019 1:13:08 PM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself.)
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To: guitar Josh

Free Traitors™ should keep the fingers off the key board.


44 posted on 08/06/2019 1:13:12 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: SteveH

Nah.Person big Trumper.


45 posted on 08/06/2019 1:14:08 PM PDT by amihow
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To: jospehm20

Import tariffs make out economy stronger in the long term not weaker.


46 posted on 08/06/2019 1:14:50 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: amihow
Make a great campaign slogan

My job is to make it possible for blue collar workers to support their family, educate their children and achieve the American Dream again.

47 posted on 08/06/2019 1:15:50 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Yesgood idea. And add to blue collar, whites, cisgenders, patriots, Jewish, Christians.


48 posted on 08/06/2019 1:24:03 PM PDT by amihow
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To: central_va

“Looks like protectionists are winning.”

I anticipate that this package of tariffs will bump up to 25% on January 1st, unless China makes a deal (which I doubt). Then it will be 25% across the board.

There seems to be a quarterly rhythm to rolling them out, which allows time for reports to come in, and effects to be assessed. A shoot - look - shoot management approach.

In the real world, there are so many factors (and other players/competitors changing their actions), that you can never be sure how things will work out in practice - especially in the short term of a quarter or two. You need both a strategic plan, and tactical flexibility in executing it.

So far, potential downside risks, like increased prices for consumers, or big losses/layoffs at companies subject to retaliation, have been masterfully managed.

Part of the reason that tariffs have a bad reputation, is that few politicians are sophisticated enough to manage the effects of retaliatory actions so well.

We are really blessed to have President Trump and his team.


49 posted on 08/06/2019 1:45:50 PM PDT by BeauBo
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To: central_va

I suspect that is correct.


50 posted on 08/06/2019 2:08:34 PM PDT by jospehm20
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To: amihow

ohk, whatever. fregards


51 posted on 08/06/2019 2:51:52 PM PDT by SteveH (intentionally blank)
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To: BeauBo

before federal income taxes, tariffs were a primary source of federal revenue. that is the founding of our country and its spectacularly strong early economic growth was in large part based on tariffs— also known by detractors and free traitors as “protectionism.” by the time a federal income tax was passed into law in 1913, the usa was a world power in all manner excluding name.

incidentally, the revenue act of 1913 coincidentally lowered tariffs. So... are you also a pro IRS advocate/enthusiast? just wondering.


52 posted on 08/06/2019 2:58:29 PM PDT by SteveH (intentionally blank)
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To: SteveH

“So... are you also a pro IRS advocate/enthusiast? just wondering.”

Also?

In addition to what? I don’t know where you are coming from.


53 posted on 08/07/2019 3:39:44 AM PDT by BeauBo
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